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Conflux

CFX

Rank #98
$ 0.2351
-2.31%
24H Low$0.2262
24H High$0.2407
24H Volume
60.32M
All-Time High(ATH)
$1.7
All-Time Low(ATL)
$0.02200
Market Cap
880.01M
Fully Diluted Valuation
1.28B
Market Cap/FDV
0.6852
Circulating Supply
3.75B CFX
Total Supply
5.47B CFX
Max Supply
Market Sentiment
--
* Data from 3rd parties

Conflux (CFX) Price Trends

Time period
Change amount
% Change
1H
$ 0.00003452
0.015%
24H
$ -0.005419
-2.31%
7D
$ 0.007474
3.18%
14D
$ 0.005512
2.34%
30D
$ 0.06242
26.55%
1Y
$ -0.05645
-24.01%

Live Conflux (CFX) Price Update

Conflux price today is $0.2351 with a 24-hour trading volume of 60.32M, and as such Conflux has a market cap of 880.01M, giving it a market dominance of 0.04%. The Conflux price moved -2.31% in the last 24 hours.

Conflux reached its highest price on 2021-03-27 when it was trading at its all-time high of $1.7, while its lowest price was recorded on 2022-12-30 when it was trading at its all-time low of $0.02200. The current lowest price since the last cycle high was $0.02200, and the highest price since the last cycle low was $1.7. The social sentiment of Conflux is currently Positive.

The current circulating supply of Conflux is 3.75B CFX. In terms of market cap, Conflux is currently ranked 98.

About Conflux (CFX)

Conflux network is a scalable decentralized blockchain network designed to achieve high throughput and fast acknowledgement. The consensus algorithm of conflux network is based on a special directed acyclic graph (DAG) structure called tree graph. Unlike Ethereum, which only accepts transactions on a single chain into its ledger, the tree graph can consolidate and process transactions in all concurrent blocks. CFX is the native functional token of conflux network, which is used for network consensus, ecosystem incentive, network governance and mortgage.

FAQs

1. What determines the price movement of Conflux?

There are two schools of thought in determining the price of Conflux.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Conflux, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Conflux from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Conflux on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Conflux as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Conflux and the cryptocurrency market as a whole.

Date
Market Cap
Volume
Open
Close
2024-02-22
$54.07M$890.68M$0.2371N/A
2024-02-21
$164.82M$913.92M$0.2435$0.2371
2024-02-20
$88.06M$920.56M$0.2459$0.2435
2024-02-19
$39.5M$864.18M$0.2306$0.2459
2024-02-18
$36.16M$870.68M$0.2322$0.2306
2024-02-17
$55.11M$870.07M$0.2324$0.2322
2024-02-16
$70.19M$890.97M$0.2377$0.2324